Discipline Wealth Solutions LLC Buys Shares of 154,853 Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT)

Discipline Wealth Solutions LLC purchased a new position in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 154,853 shares of the company’s stock, valued at approximately $5,459,000. Direxion HCM Tactical Enhanced U.S. ETF comprises approximately 2.9% of Discipline Wealth Solutions LLC’s holdings, making the stock its 9th largest position. Discipline Wealth Solutions LLC owned 1.62% of Direxion HCM Tactical Enhanced U.S. ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. purchased a new stake in Direxion HCM Tactical Enhanced U.S. ETF during the second quarter valued at about $267,000. IHT Wealth Management LLC grew its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF by 47.5% during the 3rd quarter. IHT Wealth Management LLC now owns 8,878 shares of the company’s stock worth $309,000 after purchasing an additional 2,858 shares during the period. Forum Financial Management LP acquired a new stake in Direxion HCM Tactical Enhanced U.S. ETF during the 2nd quarter worth approximately $402,000. Arete Wealth Advisors LLC raised its holdings in Direxion HCM Tactical Enhanced U.S. ETF by 28.7% in the third quarter. Arete Wealth Advisors LLC now owns 18,172 shares of the company’s stock valued at $633,000 after buying an additional 4,049 shares during the period. Finally, Ndwm LLC acquired a new position in Direxion HCM Tactical Enhanced U.S. ETF during the second quarter valued at approximately $665,000.

Direxion HCM Tactical Enhanced U.S. ETF Price Performance

Shares of HCMT stock opened at $38.45 on Wednesday. The company’s fifty day simple moving average is $36.65 and its 200-day simple moving average is $34.50. Direxion HCM Tactical Enhanced U.S. ETF has a 52 week low of $24.93 and a 52 week high of $39.37.

About Direxion HCM Tactical Enhanced U.S. ETF

The Direxion HCM Tactical Enhanced US ETF (HCMT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that toggles between a 200% leveraged US equity position and a 100% investment to cash or cash equivalents based on a proprietary tactical indicator that identifies broad trends in the US equity markets.